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Brazil : Cotton yarn exports on decline

2005-11-24

With total export declining 2.9 percent to 1,823.4 tons in October, Brazil's cotton yarn exports weakened in 2005, following the trend set in 2004.

Though exports to Argentina doubled in 2005, exports in October waned with supplies decreasing 3.8 percent to 931 tons.

Though expansion was recorded in the small markets of Chile and Colombia, supplies to the US and Peru plunged sharply.

From January to October, increasing exports came down 10.2 percent to 20,835 tons. Exports to Argentina doubled, standing at 11,615 tons, which helped compensate a drop of 58.3 percent in supplies to the second largest market, the US, which took only 3,025 tons.

Supplies to Portugal, Colombia, Dominican Republic and Belgium have plunged sharply.

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